Background
Founded in 1973 by Susan Axelrod, Love & Quiches Gourmet has evolved from a home-based operation into a leading manufacturer of gourmet desserts and quiches. The company's mission is to deliver high-quality, scratch-baked products to foodservice operators and retailers worldwide. With a commitment to excellence and innovation, Love & Quiches has become synonymous with premium baked goods, including brownies, cheesecakes, cakes, tortes, and quiches. Their products are distributed throughout the U.S. and internationally, reaching markets in Mexico, Russia, the Middle East, and the Far East.
Key Strategic Focus
Love & Quiches Gourmet emphasizes the development of trend-responsive product lines that cater to the evolving tastes and health-conscious preferences of consumers. The company has introduced "better-for-you" options, featuring all-natural ingredients and desserts fortified with higher protein and lower fat components, such as Greek yogurt and eggs. This strategic initiative aims to meet the growing demand for nutritious yet indulgent products.
Financials and Funding
In January 2017, Love & Quiches Gourmet was acquired by Indulge Desserts Holdings, a move that has bolstered the company's market position and operational capabilities. Prior to the acquisition, the company had approximately 250 employees and had undergone two financing rounds.
Pipeline Development
The company continually expands its product offerings to align with market trends and consumer preferences. Recent developments include the re-launch of the Gourmet Grab & Go® brownies and the introduction of a new airline brownie line, currently available on U.S. Airways and American Airlines, with plans to expand to additional airlines.
Technological Platform and Innovation
Love & Quiches Gourmet maintains a state-of-the-art manufacturing facility in Freeport, New York, where all products are baked from scratch using Old World recipes and high-quality ingredients. The company's commitment to innovation is evident in its ability to develop custom desserts tailored to the specific needs of clients, ensuring both quality and operational efficiency.
Leadership Team
- Susan Axelrod: Founder and Chairwoman, Susan has been instrumental in guiding the company from its inception to its current status as a global brand. She is a respected industry leader and has been honored with numerous awards, including the Roundtable for Women in Foodservice’s Pacesetter Award in Manufacturing and NAWBO’s Woman of the Year Award.
- Andy Axelrod: President, Andy has played a pivotal role in the company's expansion and strategic initiatives, focusing on innovation and market growth.
- Joan Axelrod-Siegelwax: Vice President of Sales and Marketing, Joan has been integral in developing and executing marketing strategies that have significantly contributed to the company's success.
Leadership Changes
In January 2017, Love & Quiches Gourmet was acquired by Indulge Desserts Holdings. Post-acquisition, the leadership team has continued to focus on innovation and market expansion, maintaining the company's commitment to quality and customer satisfaction.
Competitor Profile
Market Insights and Dynamics
The gourmet dessert and quiche market is characterized by a growing consumer preference for high-quality, artisanal products. The trend towards healthier eating has also influenced product development, with companies introducing options that cater to health-conscious consumers.
Competitor Analysis
Key competitors in the market include:
- Eli's Cheesecake Company: Specializes in a variety of cheesecakes and desserts, serving both retail and foodservice sectors.
- David's Cookies: Offers a range of baked goods, including cookies, brownies, and cheesecakes, with a focus on quality ingredients.
- Fairytale Brownies: Known for their gourmet brownies, the company emphasizes premium ingredients and innovative flavors.
- Cheryl's Cookies: Provides a wide assortment of cookies and baked goods, catering to both individual consumers and corporate clients.
These competitors focus on delivering high-quality products and have established strong brand recognition in the market.
Strategic Collaborations and Partnerships
Love & Quiches Gourmet has established long-term relationships with various national and regional chain restaurants, independent eateries, airlines, and retailers. The company offers a Custom Dessert Program, collaborating closely with clients to develop unique desserts that align with their brand identity and customer preferences.
Operational Insights
The company's commitment to scratch-baking and using high-quality ingredients sets it apart in the industry. By offering customizable dessert solutions and maintaining a focus on innovation, Love & Quiches Gourmet effectively addresses the diverse needs of its clientele, ensuring a competitive edge in the market.
Strategic Opportunities and Future Directions
Looking ahead, Love & Quiches Gourmet aims to continue expanding its product lines to include more health-conscious options, responding to consumer demand for nutritious yet indulgent desserts. The company also plans to strengthen its international presence, building on its existing distribution channels in various global markets.
Contact Information
- Website: www.loveandquiches.com
- Facebook: Facebook.com/LoveandQuiches
- LinkedIn: LinkedIn.com/company/282602
For more insights and updates, visit Susan Axelrod’s blog at SusansSweetTalk.com.
